Archive for August, 2017

GCC's top 20 construction firms disclose H1 2017 financials

GCC’s top 20 construction firms disclose H1 2017 financials

24/08/17

Numerous GCC-based construction companies have revealed their financials over the last few weeks. Developers and contractors listed on regional stock markets, such as Tadawul, Muscat Securities Market, Dubai Financial Market, and Boursa Kuwait, also revealed their operational plans for the year ahead. Notable financial disclosures about first-half performances have been made by Bahrain’s Seef Properties, the UAE’s Depa, […]

Dubai to set up $1.5bn hi-tech food park

Dubai to set up $1.5bn hi-tech food park

24/08/17

Dubai is set to build a giant food park on a 48-million-sq-ft area near the Expo 2020 site at an estimated cost of Dh5.5 billion ($1.5 billion). The first-of-its-kind project is aimed at boosting the emirate’s status as a regional hub for the food sector. A modern and integrated facility that provides all food-related services […]

Al Naboodah wins Creekside 18 waterfront project contract

Al Naboodah wins Creekside 18 waterfront project contract

24/08/17

Al Naboodah Construction Group, part of Al Naboodah Group Enterprises, has been awarded the contract for Creekside 18, a waterfront residential project in Dubai Creek Harbour being developed by Emaar Properties in a joint venture with Dubai Holding. The contract includes construction of two 37-storey residential towers, each with residential units, technical floors, penthouses and […]

Arabtec picked for pavilion

Arabtec picked for pavilion

24/08/17

Arabtec Construction will build the UAE’s national pavilion, which will be the main platform at Expo 2020. Arabtec Construction, a wholly-owned subsidiary of Arabtec Holding, has been awarded the main contract to build the national pavilion for the Expo 2020 Dubai, the first mega-event of its kind in the Middle East, Africa and South Asia […]

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